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Scottish Parliamentary Pensions Act 2009

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81SA sum (a “transfer-in sum”) may be paid from another pension scheme into the Pension Fund in relation to a participating member if the following conditions are met—

Condition 1

The participating member gives the Fund trustees notice (a “transfer-in notice”) specifying—

(a)

the amount of the transfer-in sum, and

(b)

the pension scheme which is to make the payment.

Condition 2The transfer-in notice is given before the participating member's 64th birthday.
Condition 3The participating member has at least 3 months total reckonable service.
Condition 4

The pension scheme which is to make the payment is—

(a)

registered for the purposes of Part 4 of the Finance Act 2004 (c. 12) (see section 150 of that Act), or

(b)

a qualifying recognised overseas pension scheme for the purposes of that Part (see section 169 of that Act).

Condition 5The transfer-in sum is the amount, if any, which requires to be applied in relation to any entitlement to a guaranteed minimum pension arising in respect of the transfer-in sum.
Condition 6The transfer is not prohibited by rule 83.
Condition 7Any condition imposed by the Fund trustees in relation to the transfer is met to their satisfaction.

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